China will strengthen rules to defuse risks for domestic companies investing abroad and curb "irrational" overseas investment on its Belt and Road initiative, the state planner said on Friday. The National Development and Reform Commission (NDRC) said in an online statement it would provide

By Henning Gloystein SINGAPORE (Reuters) - Oil prices dipped on Friday as part of a broad-based selloff across markets, and despite signs that crude markets are gradually tightening. Brent crude futures, the international benchmark for oil prices, were at $51 per barrel at 0414 GMT, down 3 cents from

By Shu Zhang and Engen Tham BEIJING/SHANGHAI (Reuters) - Chinese banks are set to see a slowdown in lending growth in the second half of the year, having exhausted most of their annual credit quota, raising the spectre of corporate defaults as financing costs climb further in the world's No.2 economy